Funding you earn now, next payment 02:00 UTC+0.0217%/8h= +23.8% APRpaid last 24h −0.016%
Price spread now: Binance against tradeXYZ+0.031%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 2 days (all we have)+0.021%+$2 · spread now +0.031%, 7d avg +0.036%
=Together, before fees+0.105%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SOXL | 146.10 | 0.0050 | pay 0.0006% / 1h | 57m 14s | $26.2M | $22.3M | 10x |
| Short | Binance SOXLUSDT | 146.15 | 0.0267 | get 0.0267% / 8h | 6h 57m | $171.3M | $1.22B | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.66
- Price spread: +0.031% → +0.036%
- −$0.55
- Slippage, 4 orders
- −$4.29
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.82
- Costs to cover
- 0.323%
- Break-even
- 5.0 days
Slippage from tradeXYZ: live order book, 12 min ago; Binance: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 12 min ago | 1.02 bp | 10.6 bp −$11 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.34 bp | 5.9 bp −$6 | 7.8 bp −$78 | 20.0 bp −$1,998 | 104.8 bp −$52.4K |
SOXL on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOXLUSDT | 0.0000% | 8h | 146.16 | +0.041% | $52.7M | $183.1M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.12 | +0.014% | $27.5M | $39.7M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.13 | +0.021% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.08 | −0.014% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.11 | +0.007% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0013% | 8h | 146.26 | +0.111% | $253K | $1.6M | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 146.21 | +0.075% | $270K | $271K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.08 | −0.014% | $818K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.11 | +0.007% | $347K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXLlong | +0.0050% | 1h | 146.10 | long leg | $26.2M | $22.3M | 10x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.10 | 0.000% | $229K | $736K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0063% | 1h | 146.30 | +0.137% | $5K | $266K | 10x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0098% | 8h | 146.09 | −0.007% | $26.2M | $190.1M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.20 | +0.068% | $7.0M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.36 | +0.178% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.22 | +0.082% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.18 | +0.053% | $6K | — | 10x | as long as short |
| HTX SOXL-USDT | +0.0109% | 8h | 146.11 | +0.007% | $184K | $624K | 50x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 146.21 | +0.075% | $894K | $2.4M | 10x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | +0.438% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0264% | 1h | 146.13 | +0.019% | $25K | $273K | 10x | as long as short |
| Binance SOXLUSDTshort | +0.0267% | 8h | 146.15 | +0.031% | $171.3M | $1.22B | 50x | |
| MEXC SOXL_USDT | +0.0272% | 8h | 146.10 | 0.000% | $14.2M | $47.0M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0273% | 8h | 146.06 | −0.027% | $1.3M | $491K | 50x | as long as short |
| edgeX SOXLUSDC | +0.0293% | 4h | 146.55 | +0.306% | $183K | $321K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0410% | 1h | 146.18 | +0.056% | $89K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0635% | 8h | 146.15 | +0.034% | $61.5M | $112.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0668% | 8h | 146.44 | +0.232% | $72K | $164K | 10x | as long as short |
tradeXYZ xyz:SOXL
Binance SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Phemex SOXLUSDT
Aster SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Polymarket Perps SOXL-USD
OKX SOXL-USDT-SWAP
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
HTX SOXL-USDT
Coinbase International SOXL-PERP-INTX
Variational Omni SOXL
Extended SOXL-USD
MEXC SOXL_USDT
BloFin SOXL-USDT
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp